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BSE IT
BSE IT Performance
-
Open
43,270.95
-
High
43,283.12
-
Low
42,651.22
-
Prev Close
43,327.69
-
Dividend Yeild
1.63%
-
P/E
34.11
Stocks Performance
Color code for Stocks Performance
- 5% and above
- 5% to 2%
- 2% to 0.5%
- 0.5% to -0.5%
- -0.5% to -2%
- -2% to -5%
- -5% and below
Constituent Companies
| Company | Market Cap | Market Price | Volume | Sector |
|---|---|---|---|---|
| Zensar Technologies Ltd | ₹17542 Cr |
₹767.95
(1.16%)
|
35116 | IT - Software |
| NELCO Ltd | ₹3038 Cr |
₹1277.1
(0.17%)
|
15183 | Telecomm Equipment & Infra Services |
| Wipro Ltd | ₹307534 Cr |
₹291.25
(0.17%)
|
605915 | IT - Software |
| Black Box Ltd | ₹10994 Cr |
₹651.1
(0%)
|
47681 | IT - Software |
| Tata Elxsi Ltd | ₹40747 Cr |
₹6368
(1.07%)
|
13242 | IT - Software |
BSE IT Sector Performance
Top Performing
| Sector Name | Percentage Change |
|---|---|
| Plastic products | 0 |
| Plantation & Plantation Products | 0.2 |
| Refineries | 0.38 |
| Ferro Alloys | 0.11 |
Under Performing
| Sector Name | Percentage Change |
|---|---|
| Diamond, Gems and Jewellery | -1.65 |
| IT - Hardware | -2.02 |
| Leather | -0.66 |
| Ceramic Products | -0.78 |
BSE IT
The Information Technology (IT) sector is gaining prominence rapidly as the world is gradually stepping into complete digitization.
As India has become an IT hub for companies of all sizes, it is the ideal time to start investing in this sector. The increased dependency on IT in day-to-day life has led to rising demand for IT products and solutions. Thus, it is safe to say that investing in BSE IT indexes will only yield profitable returns.
The S&P BSE IT (Information Technology) is designed to provide investors with a benchmark that reflects companies that are listed on the S&P BSE AllCap and are involved in the information technology (IT) sector.
IT equities offer larger investment returns and simpler price trend prediction than stocks from other sectors. IT stocks are currently in high demand in the stock market.
BSE IT Scrip Selection Criteria
The following broad criteria should be followed while choosing SENSEX constituents:
● Listing Record: The stock must have a minimum of three months of BSE listing background. If the total market value of a recently listed firm falls within the top ten on the listing of BSE world, the standard minimum of three months is decreased to one month. A minimum listing record is not necessary if a firm is registered due to a merger, divestiture, or absorption.
● Trading Volume: During the previous three months, the scrip should’ve been exchanged on every other trading session. Dire situations, such as the stoppage of scrip, may warrant an exception.
● Market Cap Weightage: Depending on the three-month average free-float market cap, every scrip’s weightage in SENSEX must be a minimum of 0.5% of the IT index.
● Sector/Industry Representation: The selection of scrip would typically consider a true reflection of the BSE universe’s listed firms.
● Track Record: According to the Index Committee, the firm must have a respectable track history.
Other Indices
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| India VIX | 14.595 | -0.06 (-0.44%) |
| Nifty 10 Yr Benchmark G-Sec | 2451.88 | -1.23 (-0.05%) |
| Nifty 10 Yr Benchmark G-Sec (Clean Price) | 890.84 | -0.62 (-0.07%) |
| Nifty 100 | 24272 | -206.1 (-0.84%) |
| Nifty 100 Alpha 30 Index | 18082.85 | 0 (0%) |
Faqs
How many benchmark BSE IT indices are there?
The baseline indicator of the BSE in India is referred to as the “Sensex.” The Sensex, which measures the Indian economy, consists of 30 of the biggest and busiest equities on the BSE.
How many different BSE subtypes exist?
On BSE, there are as many as 23 groups. Some of them, nevertheless, may not apply to stocks. Fixed-income instruments and government securities are divided into different categories in the lending market.
What is the near future of IT shares?
Experts predict that impact on IT (information technology) shares will continue in the coming years as a result of a variety of causes, such as the volatile securities industry and the deteriorating economic circumstances in significant global economies.
What are the two best BSE IT stocks to invest in for the long term?
In the large-capitalization sector, the ideal IT stocks in India are:
● By market capitalization, TCS is by far the biggest IT business in India.
● Infosys, the second-largest producer of IT solutions in the nation, is a fantastic company to hold for the long term.
What is the reason behind the sudden downfall of IT stocks?
The majority of the profits made by Indian businesses come from their foreign customers. The state of the world markets has long been one of decline. The downturn has had the most impact on the IT businesses. The IT sector’s performance is directly correlated to how the international economy is performing right now.
Should I start investing in IT stocks?
The information technology sector is among India’s most important industries and a significant source of export earnings. By 2025, the market is anticipated to generate roughly 10% of GDP, up from its present 7.7% share.
Latest News
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Nuvama Institutional Equities, has upgraded its rating for Dr. Reddy's Laboratories to "buy" due to its optimistic outlook on the company’s proactive strategies to offset the anticipated impact of Revlimid's patent expiration in 2026. On Tuesday, Dr. Reddy’s shares ended flat at ₹1,351.55 on the NSE.
- Jan 08, 2025
US Job Openings Defy Expectations US job openings unexpectedly rose to 8.1 million in November, up from 7.8 million in October, according to the Labor Department's latest report. Although this figure has declined from 8.9 million a year ago and the March 2022 peak of 12.2 million, it still remains higher than pre-pandemic levels.
- Jan 08, 2025
NTPC Green Energy Ltd., the clean energy subsidiary of NTPC Ltd., India's largest thermal power producer, is set to embark on an ambitious green hydrogen hub project in Pudimadaka, Andhra Pradesh. With an estimated cost of $21 billion (Rs 1.8 trillion), this development marks a significant milestone in India's National Green Hydrogen Mission.
- Jan 08, 2025
Leo Dry Fruits & Spices Trading Limited, a specialized manufacturer and trader of spices and dry fruits operating since 2019, marked a strong entry into the public markets on Wednesday, 8th January 2025. The company, which has established itself with popular brands like VANDU and FRYD across B2B, B2C, and D2C channels, commenced trading on the BSE SME platform amid significant investor enthusiasm.
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Nifty Prediction for Today - 8 January 2025 NIFTY recovered some lost ground and closed 0.39% up. ONGC was the top performer on a broker upgrade amidst expectations of production ramp up. SBILIFE, HDFCLIFE, TATAMOTORS and ADANIENT were among the stocks that bounced back strongly. On the other hand, IT services stocks performed poorly. ADR was healthy at 2, reflecting a broad-based participation.
- Jan 08, 2025
Thе Indian train nеtwork is onе of thе biggеst in thе world, and thе railway businеss plays an intеgral part in thе country's еconomy. With thе govеrnmеnt's focus on infrastructurе dеvеlopmеnt and improving thе train systеm, buying thе bеst railway stocks in India can bе a rеwarding chancе for invеstors. In this article, we will study thе bеst train stocks in India and provide insights into thе industry's succеss and growth possibilitiеs.
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- Jan 07, 2025
